Because of the war in Ukraine, the authorities are planning an increase in military spending in the budget for 2025–2027. It was previously assumed that in 2025, defense spending, on the contrary, would begin to decline. What does this say about the state of the Russian economy? And what risks does it pose?
We talk about this with economic analyst Alexander Kolyandr and deputy editor-in-chief of The Bell Petr Mironenko.
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0:00 Budget 2025
08:37 Silence about military spending
14:42 Sources of funds
26:00 Signs of a crisis
30:45 “Hangover” after the war
39:05 Conclusions